Jilin OLED (China) Price on April 19, 2024

688378 Stock   22.73  0.47  2.03%   
Below is the normalized historical share price chart for Jilin OLED Material extending back to September 03, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jilin OLED stands at 22.73, as last reported on the 21st of January, with the highest price reaching 23.88 and the lowest price hitting 22.35 during the day.
200 Day MA
22.6142
50 Day MA
23.7884
Beta
1.287
 
Covid
If you're considering investing in Jilin Stock, it is important to understand the factors that can impact its price. At this point, Jilin OLED is not too volatile. Jilin OLED Material holds Efficiency (Sharpe) Ratio of 0.0125, which attests that the entity had a 0.0125 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Jilin OLED Material, which you can use to evaluate the volatility of the firm. Please check out Jilin OLED's Risk Adjusted Performance of (0.01), standard deviation of 3.84, and Market Risk Adjusted Performance of (0.13) to validate if the risk estimate we provide is consistent with the expected return of 0.0466%.
  
The current year's Common Stock Shares Outstanding is expected to grow to about 251.3 M, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. . Jilin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0125

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Negative Returns688378

Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jilin OLED is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jilin OLED by adding Jilin OLED to a well-diversified portfolio.
Price Book
2.6897
Enterprise Value Ebitda
33.7905
Price Sales
8.4057
Shares Float
172.4 M
Dividend Share
0.571

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Jilin OLED Valuation on April 19, 2024

It is possible to determine the worth of Jilin OLED on a given historical date. On April 19, 2024 Jilin was worth 20.31 at the beginning of the trading date compared to the closed value of 20.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jilin OLED stock. Still, in general, we apply an absolute valuation method to find Jilin OLED's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jilin OLED where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jilin OLED's related companies.
 Open High Low Close Volume
  20.86    21.02    19.94    20.37    2,025,774  
04/19/2024
  20.31    21.36    20.18    20.64    2,847,532  
  20.72    21.27    19.86    20.74    2,204,924  
Backtest Jilin OLED  |  Jilin OLED History  |  Jilin OLED Valuation   PreviousNext  
Open Value
20.31
20.64
Closing Value
31.47
Upside

Jilin OLED Trading Date Momentum on April 19, 2024

On April 22 2024 Jilin OLED Material was traded for  20.74  at the closing time. The highest price during the trading period was 21.27  and the lowest recorded bid was listed for  19.86 . The volume for the day was 2.2 M. This history from April 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 10.08% .

Jilin OLED Material Fundamentals Correlations and Trends

By evaluating Jilin OLED's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jilin OLED's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jilin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Jilin OLED Stock history

Jilin OLED investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jilin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jilin OLED Material will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jilin OLED stock prices may prove useful in developing a viable investing in Jilin OLED
Last ReportedProjected for Next Year
Common Stock Shares Outstanding239.4 M251.3 M

Jilin OLED Quarterly Net Working Capital

626.18 Million

Jilin OLED Stock Technical Analysis

Jilin OLED technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Jilin OLED technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jilin OLED trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Jilin OLED Period Price Range

Low
January 21, 2025
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High

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Jilin OLED Material cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Jilin OLED January 21, 2025 Market Strength

Market strength indicators help investors to evaluate how Jilin OLED stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jilin OLED shares will generate the highest return on investment. By undertsting and applying Jilin OLED stock market strength indicators, traders can identify Jilin OLED Material entry and exit signals to maximize returns

Jilin OLED Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jilin OLED's price direction in advance. Along with the technical and fundamental analysis of Jilin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jilin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Jilin Stock analysis

When running Jilin OLED's price analysis, check to measure Jilin OLED's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jilin OLED is operating at the current time. Most of Jilin OLED's value examination focuses on studying past and present price action to predict the probability of Jilin OLED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jilin OLED's price. Additionally, you may evaluate how the addition of Jilin OLED to your portfolios can decrease your overall portfolio volatility.
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